BAFI1002 Financial Markets and Institutions
Assessment Task 2 – Stage 2 FX report (Group Project)
Weight: 20%
Length: 2500 words (+/-10%, excluding references, appendices, tables and figures.)
Due date: Week 10 – Friday 13th May, 5:00 pm
Report Instruction:
Your team is signed to both short-term and long-term trading objectives. Based on the primary and
secondary objectives, your team is invited to help clients to form and implement the strategy in
achieving their specific objectives. At the end of project, your team is required to provide a report and
present it to the management team. The report needs to address the issues faced by the client as
mentioned in the case, covering at least following aspects:
1. Outline the trading strategy that you planned to achieve the objectives.
2. Explain the transactions you made.
3. Analyse the profit and loss of your trading.
4. Trading reflection

For the primary objective, you are expected to explain the specific trading strategies you used in detail,
demonstrate the currencies you buy or sell to achieve your trading objective and the quotation you
accept for implementing the trading strategy. In addition, you could also explain the transactions that
contribute to achieving the trading objective.
The secondary objective is linked with your stage 1 individual market view. Based on the individual
market views each member in your team has completed in Stage 1, develop a market outlook and
provide your Forex trading strategies you intend to undertake.  Given your views (developed in Stage
1) about current and future market conditions, you (as a team) should devise a trading objective and
strategy that you will try to implement. Strategies will specify how you will go about achieving your
objective in a way that benefits your corporations – which currencies you will buy or sell.  Where
appropriate you should also devise a speculation strategy which will allow you to create a portfolio of
currencies that will enable your organisation to take advantage of your predicted changes in the
exchange rates.
In the trading reflection, you are required to reflect on the experience of each member of the team
during the trading. What was the outcome of the trading relative to each objectives? What could
you have done differently? How does this experience shape your view about the determinants of
foreign exchange you have analysed?
The strategies and strategy implementations are critically important components of the report. You
will not get a passing grade on the report without any of these components. For this stage, you will
present a consolidated team report including your portfolio summary and profit/loss.